Calamos Supports Greece

Declan Costello

EU Commission's Costello: 'Good Chance' of Success for New Greek Programme

The new programme for Greece has a "good chance" of succeeding, the European Commission's head of mission for Greece Declan Costello said, on Tuesday. Costello made the statement while attending an event on the Greek programme at the Centre...

Troika Meets with Greece's Finance and Economy Ministers on Friday to Continue Bailout Talks

The representatives of Greece's creditors will meet at 10:00 am on Friday with Finance Minister Euclid Tsakalotos and Economy Minister Giorgos Stathakis to continue negotiations over the country's third bailout program. The four representatives - Declan Costello from the European...

Brussels Group Meetings on Greece to Resume on Saturday

The Brussels Group is expected to resume its meetings on Saturday. Council of Economic Advisors (SOE) President Giorgos Chouliarakis, Finance Ministry general secretary Nikos Theocharakis and Greek Finance Minister Yanis Varoufakis' advisor Elena Panariti will participate from the Greek side. International Monetary...

Greek Parliament Adopts Anti-Poverty Law Despite EU Row

The Greek Parliament has passed a SYRIZA-proposed draft law to address the country's long-standing humanitarian crisis, despite objections expressed from the international creditors. This first package of social measures put forward by Prime Minister Alexis Tsipras' leftist government drew...

EU Considers Greek Bill on Humanitarian Crisis a Unilateral Action

The Mission Chief for the European Commission's team working on Greece, Declan Costello, appears to view the Greek government's bill to address the humanitarian crisis -- currently under discussion in Parliament -- as a unilateral action, according to British...

EC Officials Leave Greece Frustrated After Meeting with FinMin and Deputy PM

President of the Euro Working Group Thomas Wieser and EC financial representative Declan Costello left Athens empty-handed after meeting with Greek Finance Minister Yanis Varoufakis and Deputy Prime Minister Yiannis Dragasakis. According to a Proto Thema report, the two men...

Greece-Troika Talks in Paris Reach Dead End

After two days of marathon negotiations in Paris, Greece and its international lenders have failed to reach a deal regarding the country’s austerity and reform program, while Greece is approaching the deadline to strike a new financing deal with its...